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Tag Archives: Germany

UK, Canada, Germany and Brazil top list of tourists in Mississippi

By LYNN LOFTON  It may be surprising to learn that 11 percent of  jobs in Mississippi are in the hospitality industry. With 122,850 jobs in tourism, that sector is now the fourth largest private employer in the state. Other impressive numbers include 24.7 million visitors who came to the state and spent $6.7 billion in fiscal year 2019. Mississippi Development ...

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Europe eyes stimulus plan, but ultra-low rates raise doubts

FRANKFURT, Germany — The European Central Bank appears to be preparing a new shot of stimulus to try to energize the economy. But the move is sure to renew a nagging question: Can central banks do much good when rates are already ultra-low? Analysts say the bank is likely to cut a key interest rate further below zero on Thursday ...

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Germany-based Krone moving HQ to Olive Branch

By BECKY GILLETTE Krone, a family-owned company based in Spelle, Germany, that has been doing business in the United States since 1973, has made plans to move its North American division, Krone NA, from Memphis, to Olive Branch in DeSoto County. The Olive Branch location will cost $1.5 million and employ 45 people working in parts and distribution for the ...

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DAVID DALLAS: Wicker, Cochran and the Iran-a-Muck letter

Forty-seven United States Senators, including Mississippi Senator Roger Wicker, signed a letter recently to “The Leaders of the Islamic Republic of Iran.” Mississippi Sen. Thad Cochran did not. The letter set out to explain the nuances of our U.S. Constitution to “The Leaders of the Islamic Republic of Iran.” The letter also described how the Senate might scuttle any agreement ...

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High-tech jobs come along with new Tunica plant

By Lisa Monti The German automotive components company that broke ground last week in Tunica County will create about 300 advanced manufacturing jobs similar to the ones in another German plant that recently opened in the county. Feuer Powertrain GmbH will invest $140 million in its Tunica facility, which will manufacture crankshafts for the automotive and transportation industry. The crankshafts ...

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German automotive component-maker breaks ground in Delta

A German automotive components company has broken ground in the Delta for a new plant. Gov. Phil Bryant and officials from Feuer Powertrain GmbH held an announcement and groundbreaking ceremony today in Tunica at the future site of the company’s first U.S. manufacturing operations. The project represents a $140-million corporate investment and will create 300 new jobs, according to the Mississippi ...

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